Driving Forces

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Definition: Driving Forces

Driving Forces
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Full Definition of Driving Forces

The internal and external factors that influence the decisions and policies an organization makes to stay competitive. Internal forces include core capabilities, employee turnover, product and technological innovation; external forces include economic conditions, competition, demographic changes, technological evolution, social trends, local and national politics, and environmental issues.

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/driving-forces/
Modern Language Association (MLA):
Driving Forces. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 23, 2024 https://payrollheaven.com/define/driving-forces/.
Chicago Manual of Style (CMS):
Driving Forces. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/driving-forces/ (accessed: April 23, 2024).
American Psychological Association (APA):
Driving Forces. PayrollHeaven.com. Retrieved April 23, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/driving-forces/

Definition Sources

Definitions for Driving Forces are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.